General Motors Co outsold Japanese automaker Toyota Motor Corp in the United States in the third quarter, data on Monday showed, but analysts and investors are fretting that a darkening economic picture will lead to a drop in future car sales.
To expedite its progress in Kentucky, Ford Motor F has announced that it will invest heavily in the state for new vehicle production and equipment upgrades, and to generate employment. The investment plan of $700 million will support the manufacture of the all-new 2023 F-
For Immediate ReleaseChicago, IL – October 3, 2022 – Zacks Equity Research shares Clearwater Paper CLW as the Bull of the Day and Zumiez ZUMZ asthe Bear of the Day. In addition, Zacks Equity Research provides analysis on General Motors GM, Ford F and Tesla TSLA.
Launched on 05/08/2007, the First Trust Consumer Discretionary AlphaDEX ETF (FXD) is a smart beta exchange traded fund offering broad exposure to the Consumer Discretionary ETFs category of the market.
Major automakers are expected to report modest declines in U.S. new vehicle sales on Monday but analysts and investors are concerned that a darkening economic picture, not inventory shortages, will lead to a drop in future car sales.
This has not been a good time for Ford (NYSE: F) stock; its price is down nearly 44% year to date as bad feelings have taken hold among analysts. And no wonder.
In this video, I will be talking about Rivian (NASDAQ: RIVN) and whether it has the potential to 10x, as well as looking at some recent comments by analysts following the company. I'll compare it to the likes of Tesla and Ford to better understand what the company could realistic
Hit by coronavirus woes, U.S. light vehicle sales in 2020 totaled 14.47 million units, marking the lowest level since 2012. The year 2021 turned out be slightly better, with light vehicle sales up more than 3% to 14.9 million units. Total vehicle sales last year were 15.0
Years ago, when Tesla (NASDAQ: TSLA) began selling its electric vehicles, it opted to sell them directly to consumers via its website. No dealers, no middlemen, just a car company selling cars to people who want them.
South Korean shares fell on Friday, set for a first monthly loss in three, as auto and battery stocks tracked a slump in their U.S. peers on worries of a global economic slowdown and weaker demand.
Wall Street ended sharply lower on Thursday on worries that the Federal Reserve's aggressive fight against inflation could hobble the U.S. economy, and as investors fretted about a rout in global currency and debt markets.
Wall Street ended sharply lower on Thursday on worries that the Federal Reserve's aggressive fight against inflation could hobble the U.S. economy, and as investors fretted about a rout in global currency and debt markets.
Wall Street tumbled on Thursday on worries that the Federal Reserve's aggressive fight against inflation could hobble the U.S. economy, and as investors fretted about a rout in global currency and debt markets.
Wall Street tumbled on Thursday on worries of a global economic downturn from aggressive central bank policy and fears that a rout in global currency and debt markets could spillover to stocks.
What happened
Shares of automotive stocks were tumbling today as the broader market fell on concerns of near-record inflation and a stronger-than-expected labor market.
Used-car retailer CarMax Inc said on Thursday that an uncertain economic environment was starting to take a toll on vehicle demand, sending ripples through the auto sector, which has largely dodged a significant hit from inflation this year.